✨ Banking Disclosure Statements
956 NEW ZEALAND GAZETTE, No. 40 27 FEBRUARY 2008
accounted for in its statement of financial
position, and if so—
(A) the name of that member; and
(B) whether the assets relating to that
member’s insurance business are
managed and accounted for as separate
funds; and
(C) a description of the insurance business
conducted by that member:
(c) comparative figures for the previous corresponding
period for the information that is required to be
disclosed under paragraph (a).
18
Other material matters
Details of any matters relating to the business or affairs of the
registered bank and the banking group that—
(a) are not contained elsewhere in the general disclosure
statement; and
(b) would, if disclosed, materially affect the decision of a
person to subscribe for debt securities of which the
registered bank or any member of the banking group is
the issuer.
19
(1) Directors’ statements
A statement by the directors as to whether each director
believes, after due enquiry, that, as at the date on which the
disclosure statement is signed,—
(a) the disclosure statement contains all the information that
is required by this order; and
(b) the disclosure statement is not false or misleading.
(2) A statement by the directors as to whether each director
believes, after due enquiry, that, over the accounting period or
interim accounting period (as applicable),—
(a) the registered bank has complied with all conditions of
registration that applied during that period; and
(b) credit exposures to connected persons (if any) were not
contrary to the interests of the banking group; and
(c) the registered bank had systems in place to monitor and
control adequately the banking group’s material risks,
including credit risk, concentration of credit risk,
interest rate risk, currency risk, equity risk, liquidity
risk, operational risk and other business risks, and that
those systems were being properly applied.
20
Auditor’s report
A copy of the auditor’s report referred to in clause 19(2) of this
order.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 40
Gazette.govt.nz —
NZ Gazette 2008, No 40
✨ LLM interpretation of page content
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Registered Bank Disclosure Statement Order 2008
(continued from previous page)
💰 Finance & RevenueBanking, Disclosure Statements, Financial Information, Corporate Data, Credit Ratings, Profitability, Capital Adequacy, Asset Quality, Credit Exposure, Voting Securities, Guarantees, Audit Committees, Conflicts of Interest, Auditors, Registration Conditions, Legal Proceedings, Credit Rating